1365-1371 McCarter Hwy
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1365-1371 McCarter Hwy
11,000 SF 100% Leased Industrial Building Newark, NJ 07104 $1,250,000 ($114/SF)
Investment Highlights
- 2 Drive in doors
- Open Layout
- High Ceilings
- Heavy traffic area
Executive Summary
Industrial/Warehouse/Retail use. Approx 1st Floor-8500sqft with ceiling height 12 FT and 2nd floor 2500sqft with ceiling height of 15FT 6IN open layout with high ceilings. 2 Drive in doors. Prominent highway frontage, strategic location in a bustling commercial corridor, and proximity to key transportation links - heavy traffic area!
Food distributor has 1 year lease paying $5,000 per month
2nd Space -Also has 1 year lease paying $4,000 per month
2nd Floor Office space has No Lease paying -$1,600 per month.
Food distributor has 1 year lease paying $5,000 per month
2nd Space -Also has 1 year lease paying $4,000 per month
2nd Floor Office space has No Lease paying -$1,600 per month.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
---|---|---|
Taxes | $23,457 | $2.13 |
Operating Expenses | - | - |
Total Expenses | $23,457 | $2.13 |
Financial Summary (Actual - 2023)
Taxes | |
---|---|
Annual | $23,457 |
Annual Per SF | $2.13 |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $23,457 |
Annual Per SF | $2.13 |
Property Facts
Price | $1,250,000 | Property Subtype | |
Price Per SF | $114 | Rentable Building Area | 11,000 SF |
Sale Type | Investment or Owner User | No. Stories | 2 |
Property Type | Industrial | Year Built | 1900 |
Price | $1,250,000 |
Price Per SF | $114 |
Sale Type | Investment or Owner User |
Property Type | Industrial |
Property Subtype | |
Rentable Building Area | 11,000 SF |
No. Stories | 2 |
Year Built | 1900 |
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Walk Score ®
Very Walkable (85)
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1365-1371 McCarter Hwy
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